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Nairaland Forum / Nairaland / General / Politics / Peter Obi - Nigeria’s Economy On Life Support With Over N22.7trn National Debt (551 Views)
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Peter Obi - Nigeria’s Economy On Life Support With Over N22.7trn National Debt by thanki410(m): 12:20pm On Aug 26, 2018 |
Peter Obi [former governor of
Anambra state] , talked about
Nigeria’s economy being currently
on life support because
of the nation’s rising debt
profile now at N22.7
trillion on saturday 25 August.
Obi
said the country’s
unemployment rate at 60
percent saying this was the
result of bad governance.
The former governor stressed
that if 50 percent of the
country’s revenue is used to
settle such debt, Nigerians will
continue to groan. The report said Obi at the 2018 This Generation conference organised by the Summit Bible Church, themed Taking Responsibility, Making Nigeria Great in Abuja. The report quoted Obi as urging Nigerians to vote out people who lacked the technical know-how to revamp the economy and render good services. “Our educational system is too low. Our per capital is 2000. And since your growth population is higher than the growth of your GDP the consequence in the future will be higher than what it is today. “China adopted the Millennium Development Goals when it was told that it had the poorest people in the world and it took over four hundred million people out of poverty,” he said, while expressing optimism that Nigeria will get it right someday. He urged that people who have ideas, capacity and have managed resources before should be brought forward to change the poor narrative. The convener of the programme, Andy Osakwe, challenged youths to be active in politics. He said: “A lot of people tend to blame other people for the current state of our nation; it is time for us to take ownership of our condition culled from naij |
Re: Peter Obi - Nigeria’s Economy On Life Support With Over N22.7trn National Debt by bedspread: 12:27pm On Aug 26, 2018 |
It's when APC and Pmb are sent packing that the Real State of the Nation will be Known... Nigerians may be shocked beyond Redemption 3 Likes |
Re: Peter Obi - Nigeria’s Economy On Life Support With Over N22.7trn National Debt by princechurchill(m): 12:54pm On Aug 26, 2018 |
Fanaticism won't open their eyes to see how useless and incompetence Buhari and Adesoun is to Nigeria 2 Likes
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Re: Peter Obi - Nigeria’s Economy On Life Support With Over N22.7trn National Debt by princechurchill(m): 12:57pm On Aug 26, 2018 |
#22 trillion debt in 3 years who did we offend in the North that makes their populace to be selecting imbeciles as leaders 2 Likes
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Re: Peter Obi - Nigeria’s Economy On Life Support With Over N22.7trn National Debt by psychalade: 1:20pm On Aug 26, 2018 |
Was the money borrowed by APC government alone, or the total sum is of this government, Jonathan and other PDP government regimes? HATRED WILL KILL SOME PEOPLE SOMEDAY! |
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